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Jared received a check for $150,000 today. This was from an investment made 8 years ago. The investment earned 6% compounded quarterly. How much was
Jared received a check for $150,000 today. This was from an investment made 8 years ago. The investment earned 6% compounded quarterly. How much was his original investment?
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$98,697.32
$100,257.98
$93,148.94
$95,631.28
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